SEC Form 4 · accession 0001209191-16-137012
CYNOSURE INC · CYNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ettore V Biagioni
Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885306
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 11, 2016 | M | 1,271 | $0.00 | A | 8,492 | D | |
| Class A Common StockF1,F2 | Aug 11, 2016 | F | 508 | $53.09 | D | 7,984 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Aug 11, 2016 | M | 1,271 | D | — | — | Class A Common Stock | 1,271 | 3,814 | D |
Explanation of responses
- F1On August 11, 2016, 1,271 shares that were acquired by the reporting person pursuant to the award of restricted stock units on May 11, 2016 vested and were paid to the reporting person. 508 of these 1,271 shares were withheld and sold in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, to pay the resulting tax liability.
- F2The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $53.00 to $53.99 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A common stock.
- F4The restricted stock units vest as to approximately 25% of the shares on each three-month anniversary of the grant date of May 11, 2016.